Trades based on Market Geometry and Price Action

as we all know , Euro likes 50% - wonder if gets there today ( 1.4288)

i think the trend line will hold...but entry will be next week. too late today

yes, you are right... next week could be quite interesting
IMHO we have seen new hight of the week, I really don´t suppose that main move of the day (short) will be changed again to long today.

don't rush in trade now, next week will be better...
and on fridays pass 9 :o'clock do not enter new trade. if your order has not been triggered, cancel it...that's a trading tip because, Sunday-Monday will mostly bring in a retracement, you can enter on...

definitely agree. I was on the road a couple of Fridays back and got back to my PC just 2 minutes after the market closed.
Come Sunday night/Monday morning I went from expecting my £2k profit to hold to being left with just a fraction of that....believe me, that hurt!

yes of course...

DK, what do you think about US dolar index possible movements untill end of July?

the usd index is making a monthly fakey set up...will i break the down trendline ? let's wait and see..i think the fakey will be completed...but we need to see a clear break of the trend support...in the meantime, we will concentrate on better set ups...

DK, thanks ..I have similar feeling about it...but I think for some other reasons that the lower trendline could be broken.... may I post the chart?

yes you can post your chart..no problem we share stuff here..traders helping traders....

eur/usd is making a monthly reversal fakey set up. What does it mean ? it means that there is a high probability for the daily resistance to be broken. In case the monthly closes where it is right now, chances are we will still be going long for the next couple of months..But as intra day traders, we will keep profiting from markets up,and down..

big daily flag possibly being broken for further upside movement on eur/usd...we just have to be patient and look at set up on our preferred time frame...

i believe,according to my analysis that we will have a retracement on the eur/usd before market going up and possibly break the upper resistance...but let's see what the market will say

the British pound is in an up trend...that started since last week. now what we have to do is to wait for the retracement, and enter in the direction of trend...nice pips to come for intra day traders...

the 1.6750 level is important to watch, because it has been acting as a strong resistance...since august 2009

eur/cad, last month made a beautiful pin bar...the same set up is in the making for this month again...nice pips to come

we just have to be patient and wait for good and high probability trades on the eur/cad. But definitely eur is strong this month...

on the eur/cad 4hr , there is head and shoulder in the making for this couple days...make sure to be on time to profit form this move

short side prevails on the gbp/chf ...i will short it tomorrow at the london session may be

eur/gbp still to the upside...